|
<br /> m
<br /> ""-" Z
<br /> C.-'l 0 (n -.i
<br /> ;0 (..~
<br /> n () -" I -.:) 0 --I 0 rn
<br /> m X l;; ....~,,). .'..... c:: 1'... :0
<br /> "n Cl rv P1
<br /> c: m _.~ ?, \'\,~ r"r1 :z: -i
<br /> Z n ::t: r'tl ~ ---j m CJ
<br />N Q C)
<br />is 0 ~ ~"") ~'~. "..... -< r'..,.~, ~.
<br />is E ,..~'~ \.,~~:( rv C> "'-1 C) (l)
<br />a ~ \ --..J
<br />-...J '"T') '1 -.,.
<br /> ("j!,,: ....4::,,_. --..J ~t:..-.
<br />...... :c CJ :r: 11 ' (I)
<br />is m "'",- \ l> -I
<br /> ~ -0 cr,l l->
<br />-...J '1'1 t :::3 , .:D :0
<br />is c:., , l:~ a c:
<br /><D ~(l :s:
<br /> ~ N Ul
<br /> . ^ --..J m
<br /> ! I:. J> Z
<br /> ....... '-"" ~ C> -i
<br /> CD (:IIJ CD Z
<br /> CFJ 0
<br />
<br />
<br />~
<br />
<br />:z
<br />~
<br />rn
<br />-I
<br />::t
<br />M
<br />.v')
<br />m
<br />:;c:I
<br />-<
<br />c=;
<br />rn
<br />en
<br />
<br />Return recorded mortgage to:
<br />FHLBank Topeka
<br />P.O. Box 176
<br />Topeka, KS 66601
<br />
<br />200710709
<br />
<br />Subordinate Mortgage
<br />
<br />THIS SUBORDINATE MORTGAGE (Mortgage) is made on December 21 , 20B. The
<br />grantor is Matthew Bellamy, a Single Man (Borrower). This
<br />Mortgage is given to the Federal Home Loan Bank of Topeka, a corporation organized and existing under the laws
<br />of the United States of America, and whose address is One Security Benefit PI. Ste. 100, Topeka, KS 66606, its
<br />successors and assigns (Lender). Borrower owes Lender the principal sum of
<br />Four thousand and noll 00 Dollars (U.S. $ 4,000.00 ). This debt is evidenced by
<br />Borrower's note dated the same date as this Mortgage (Note). The Note provides for no payments if the Borrower
<br />complies with the terms of the Note. The loan evidenced by the Note and secured by this Mortgage (Loan) is being
<br />made pursuant to the Affordable Housing Program (AHP) as implemented by Lender (12 U.S.C. 14300); 12 CFR
<br />Part 951).
<br />
<br />In addition to the Loan, Borrower obtained a mortgage loan (First Mortgage Loan) from
<br />FiVE! Point~ R,mk . (Senior Lien Holder), which loan is secured by
<br />a first mortgage lien on the Property (First Mortgage). The documents evidencing or securing the First Mortgage
<br />Loan are collectively referred to herein as the First Mortgage Loan Documents.
<br />
<br />This Mortgage secures to Lender the repayment of the debt evidenced by the Note. For this purpose, Borrower
<br />irrevocably mortgages, grants and conveys to Lender and Lender's successors and assigns, with power of sale,
<br />subject to the rights of Senior Lien Holder under the First Mortgage, the following property, to-wit:
<br />
<br />Lot Three (3), Block Nine (9), Original Town of Cairo, Hall County, Nebraska.
<br />
<br />(which has the address of: 106 Alp.XRnrlri::l Sf" . r.::lirn, NF fiRR?L.. ),
<br />to have and to hold this property unto Lender and Lender's successors and assigns, forever, all the improvements
<br />now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part of the
<br />property. All replacements and additions shall also be covered by this Mortgage. All ofthe foregoing is referred to in
<br />this Mortgage as the Property.
<br />
<br />Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage,
<br />grant and convey the Property and, except for the First Mortgage and other encumbrances of record acceptable to
<br />Senior Lien Holder, the Property is unencumbered. Borrower warrants and will defend generally the title to the
<br />Property against all claims and demands, subject to such encumbrances of record.
<br />
<br />1. PAYMENTS. The principal of the debt evidenced by the Note shall be due and payable in the event
<br />Lender designates a default under the Note. It is a default under the Note if: (a) Borrower (or at least one of
<br />borrowers if more than one borrower) does not continue to occupy the Property as Borrower's principal
<br />residence; or (b) Borrower transfers the Property to another (other than Senior Lien Holder) without prior
<br />notice to Lender. (c) Subsequent owner does not meet AHP income requirements. (d) In the case of a
<br />
<br />Revised Feb 2006
<br />
|